As a student, I donât have a regular salary. I have my student loan, and occasionally payments from part time jobs. It would be great to be able to set targets without having to select my last salary payment, or even to set weekly targets to be able to stay on track.
I donât know whether it will be possible, but when youâre setting the payment date, it would be nice for a calendar to come up and then you are able to select the date that your salary comes in.
I get paid on 25th of the month, but if that is a weekend then it is the preceeding Friday. I could set up the payment dates for all future months now in one swoop as I know what date the salary will be paid.
Thatâs what weâre working on right now - I have a whiteboard session with the team in a few minutes to work on this exact problem. Thanks for sharing this idea
Not sure if this has already been reported. I canât figure out why April has been split into 2 bucketsâŚ
Itâs been like that since I set the thing up.
It looks like you started a custom month on April 10, which cut April so far into a shorter month (we donât want to assume a payday of the 10th for all previous months). Does that make sense?
Feel like the current wheel doesnât really give a true reflection of what I will have left. I can see what the algorithm is trying to do, but it would only really work if I exclude loads of my transactions.
I also really dislike being told I will run out of money when I know I wonât lol.
I would personally like to have,
Starting balance
Remaining balance
Days till payday
Daily budget (Remaining balance divided by days till payday)
I have more ideas but I believe that would be a decent digestible amount of data which gives a true summary.
Although I have no objection to being told âit looks like you will run out of moneyâ I agree that something that just shows:
Starting balance
Projected remaining balance
Days till payday
Daily budget
would be more transparent and easier to digest. The current wheel looks nice but I still dont really see how it is guesstimating how much money I will spend (comparing it to my own calculations it seems to be way off). If you canât work out what it is doing it is difficult to trust it.
Having said the above - I definitely welcome the effort going into this and I hope you will arrive at something that works for most people. The idea of a bank actually trying to help you manage your finances is great.
UK banks are generally pretty passive whereas French banks are constantly trying to up-sell you on their services and thus are pretty intrusive. Neither (at least in my experience) seem to actively want to help you manage your finances.
And I also just wanted to add my thanks to @Jami for all the time spent giving updates and responses. Very much appreciated!.
I enabled it when the release came out and then it dissapeared about two weeks ago. I can see it again now, but when I click on it I just get a never-ending loading screen!
Weâre investigating this bug now, but canât reproduce it. Do you still see the transfer counting towards Starting Balance and Transfers here? Thanks!
How do payments from friends and âtransfersâ get seperated out?
I had a couple of payments from friends, then I categorised them correctly and they went away and were attributed to the correct categories which was much better, but I also have a couple of transfers from friends that I would like to do the same thing with, however theyâre staying in transfers when categorised?
For example, I have a transfer from a friend he did that was paying for petrol money, I want to categorise this correctly so that it comes off my monthly spend for travel, but it doesnât work!
YES, agree! I have several transfers into my account per month that are currently showing up as income, which is just not the case. I should be able to credit that amount back into the category from which the initial expense came.